ENCORE | Receivables Reconciliation | DBS SME Banking

ENCORE (Enriched Consolidated Receivables)

Name: ENCORE (Enriched Consolidated Receivables)
Brand: DBS SME Banking

Seamless reconciliation solution

Seamless reconciliation solution

At a Glance

Consolidate payments across multiple collection channels in one Enriched Consolidated Receivables (ENCORE) account.

All incoming transactions are kept in a single enriched file

Your payment advice sorted for you

Access your files via IDEAL or Ideal Connect

Features & Benefits

ENCORE matches payer and payment information across fragmented sources, so you can redeploy resources to more value-added activities

No manual extraction of data from payment advices

Faster turnaround in AR reconciliation and shorter days sales outstanding

How it Works

How to Apply

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FAQs

	What is ENCORE?
	ENCORE is our regional receivables reconciliation solution. We will collect and organise all your incoming payments. You will receive a single consolidated file with the details of all incoming transactions.

	Do I need a DBS Business Account to use ENCORE?
	Yes, you need to have a Business Account with us to use this service. To maximise the benefits of using this service, we recommend that you have the bulk of your collections credited into your DBS account.

	How does ENCORE reconcile my payments?
	You can streamline and optimise your reconciliation effort by integrating the Enriched files into your workflow.